According to the public record, Woodlands, Corbridge is a modern freehold house with 3,390 ft2 of internal area and sits on a 507 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Cow Lane, Corbridge, NE45 is located within the NE45 postal district.
Woodlands, Corbridge has a single entry in the Land Registry database from August 2014 and a single entry in the EPC database dated December 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Woodlands Corbridge as £774,915 and the rental value as £2,326 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of Woodlands Corbridge has increased by £2,484 (0.3%) and its rental value has increased by £238 per month (10.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Woodlands, Corbridge is in very good condition we estimate a sale value of £813,660 and rental value of £2,442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £720,671 and a rental value of £2,163 per month.
If you were able to purchase this property for the estimated value of £774,915, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,808 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, Woodlands, Corbridge sits on a plot of 507m2.
We have plot size data on 3 out of 8 other houses in the postcode and Woodlands, Corbridge sits on the largest plot.
According to HM Land Registry, Woodlands, Corbridge was last sold on 08 Aug 2014 for £600,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2014, the market for similar properties has risen 31.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Woodlands, Corbridge within a radius of 2.3 kilometres over the last 2 years.
The most recent example is The Old Orchard, Crofts Avenue, Corbridge, NE45 5LY, a Freehold house which sold for £715,000 in Apr 2021.
Read more about house prices in NE45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cow Lane, Corbridge, NE45 has a total of 9 addresses. According to our analysis of all the public data, Woodlands, Corbridge is the largest and the most expensive property on the street.
When compared to the postcode district it is £455k more expensive than the average property in NE45.
Woodlands, Corbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Dec 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Woodlands, Corbridge is Corbridge station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Woodlands, Corbridge, 48.5% of property is privately owned outright and 27.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Woodlands, Corbridge, 13.1% of residents are recorded as possessing school level qualifications and 40.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Woodlands, Corbridge, the average age was 43 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Woodlands, Corbridge, 0.7% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Woodlands, Corbridge, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.